Web Spiders grows revenues by 50% for YE Mar 31st 2012
Web Spiders Group grew in double digits during the financial year ended March 2012 (FY12), while keeping the net margins intact.
- (1888PressRelease) April 27, 2012 - Singapore, London, New York - Web Spiders Group announced that's its revenues for financial year ending 31st March, 2012 grew by a record 50%, while keeping net margins intact.
In the last financial year, the company further consolidated its lead as a specialist mobile development firm and added major Fortune 2000 clients globally. As part of its continuous geographic expansion-after North America and Europe- the company established its second headquarters in Singapore, in order to strategically cater to the APAC region. The company now has offices in New York, Birmingham (UK) , Singapore , Calcutta and Bangalore.
"We are delighted and happy at having achieved this growth in a difficult economic climate," said the CEO Siddharth Jhunjhunwala. "The company is known for its niche and specialist capability to consult and deliver on Mobile enablement solutions for both Marketers and ISVs. Our growth is primarily due to the excellent team of engineers and designers we have and our ability to acquire Fortune 2000 customers. As we start the new financial year, we hope to maintain this growth rate."
Web Spiders has become a major developer of Smartphone and Tablet Apps on iOS, Android, Blackberry and Windows Phone. At a server-side, it has specialist and Gold Certified skills in Ektron CMS, Drupal, SharePoint and others major Content Management Systems. Its major customers include Marketing Departments of Fortune 2000 companies and Software Product companies who are looking at innovation partners to build their next successful product release.
More info at www.webspiders.com
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